US$4.23m (loss narrowed by 80% from FY 2023). US$2.93 loss per share (improved from US$41.46 loss in FY 2023). All figures shown in the chart above are for the trailing 12 month (TTM) period The…
Monthly Archives For August 2024
China Rejects $1 Trillion Housing Rescue Plan Pitched by IMF
Chinese authorities have rejected a proposal made by the International Monetary Fund to use central government funds to complete unfinished housing, dealing a blow to hopes for more forceful support …
Hangzhou, Shanghai broil as extreme heat engulfs eastern China
Mega-cities on China’s eastern coast are facing another spell of scorching heat as temperatures hovered around 40 Celsius (104 Fahrenheit) on Friday and prolonged extreme temperatures were expected to …
South African import probes targeting China prompt call for free-trade zone
Study finds more than 17 per cent of South Africa’s anti-dumping measures aimed at Beijing, with Chinese steel products the biggest targets.
China’s State Council issues plan to create carbon control system
China’s cabinet on Friday issued a work plan to accelerate the development of a carbon emissions control system to help China meet its target of hitting peak carbon emissions by 2030.
Has Global Times former editor Hu Xijin been gagged on social media after article on China’s economic strategy?
At the heart of the matter is a now-deleted article by Mr Hu, weighing in on the outcomes of the recent third plenum. He had written that the omission of a phrase long enshrining the…
In the News: WeRide Prepares for US IPO; State Secrets Law Update; and China Amends Regulations for QFII
WeRide IPO shows another green light for overseas listing of Chinese companies; China imposes new regulations for local authorities to better implement its state secrets law overhaul; and two Chinese …
Russia Is Helping China Fill Its Nuclear Missile Silos, US Says
A top defense official vowed Washington is “ready, willing, and able to confront the challenges of a new nuclear age.” …
The Snoop Olympics: Paris proving a boon to NBC after interest waned in Tokyo and Beijing Games
Less than a week in, the Paris Olympics are turning out to be a good story for NBC. Ratings are significantly up after the Tokyo and Beijing Games, and the network has already set a…
Ship export revenue growth in China’s Jiangsu robust in H1
NANJING – Ship export revenue in East China’s Jiangsu province totaled 50.02 billion yuan ($6.9 billion) in the first half (H1) of 2024, an increase of 72.1 percent year-on-year and ranking top in China, according…
Beijing police intervenes after ‘control freak’ parents install CCTV in 20-year-old daughter’s bedroom
In a shocking incident that has taken social media by storm, parents labeled as “control freaks,” had installed a surveillance camera in the bedroom o.
Rescuers in China race to find the missing, seal dykes after deadly floods
By Ryan Woo BEIJING (Reuters) -Rescuers in China scrambled on Friday to locate dozens of people still missing a week after the year’s most powerful typhoon roared into the southern province of Hunan, …
Exclusive-Audi’s new China EV series won’t have signature four-ring logo, sources say
Audi’s new electric cars series developed in China for the Chinese market will not sport its four-ring logo, two people with direct knowledge of the plans said. The decision by the premium marque …
